The company says the new facility will initially have a manufacturing capacity of 300,000 units per annum, which will be eventually expanded to a capacity of a million units in the next 2-3 years.
15 Feb 2022 | 13910 Views | By Autocar Professional Bureau
Okinawa Autotech, a leading manufacturer of electric two-wheeler has commenced operations at its second manufacturing unit located in Bhiwadi, Rajasthan.
The company says the new facility will initially have a manufacturing capacity of 300,000 units per annum, which will be eventually expanded to a capacity of a million units ...
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Okinawa Autotech, a leading manufacturer of electric two-wheeler has commenced operations at its second manufacturing unit located in Bhiwadi, Rajasthan.
The company says the new facility will initially have a manufacturing capacity of 300,000 units per annum, which will be eventually expanded to a capacity of a million units in the next 2-3 years. Okinawa will invest around Rs 250 crore in the development of its new facilities and will make further gradual strategic investments to scale up the production.
Jeetender Sharma, MD and founder, Okinawa Autotech said, " This development, amongst our other initiatives, is a testament to our unrelenting commitment towards our vision of ‘Made in India, Made for India,’. The market is evolving at a fast pace, and the ramped-up capacity will undoubtedly aid us in bolstering the mass transition to e-mobility with a diverse and innovative product portfolio. Furthermore, it will tremendously help in achieving our ambitious plans to remain market leaders in the Indian EV industry while also assisting in the much-needed transition to clean energy."
The new manufacturing facility will employ over 250 people across various functional areas. The company’s previous plant, located in Alwar, Rajasthan, has an annual capacity of 180,000 units. It has established dealership network with over 400 centres catering to metro cities as well as Tier 2, Tier 3 and rural markets in India. Recently, the company launched its experience centres – Okinawa Galaxy stores – in Dehradun and Jaipur.